Waterway Company is considering two different, mutually exclusive capital expenditure proposals. Project A will cost $445,000, has an expected useful life of 14 years, a salvage value of zero, and is expected to increase net annual cash flows by $68,000. Project B will cost $325,000, has an expected useful life of 14 years, a salvage value of zero, and is expected to increase net annual cash flows by $51,000. A discount rate of 10% is appropriate for both projects. compute the net present value and profitability index of each project.